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. >> financial analyst meredith whitney is having a huge change of heart on citi. remember this interview on citi. >> citi hasn't been investable in four years. >> what would you take for you to invest in citi? >> a new brain. >> she's got a new brain. >> why is she now bullish on the bank and a couple of others? she'll join us with exclusively her call yesterday on the financials. >> wizard of oz i guess will join us as well. house speaker boehner calling the president's bluff and agreeing to a tax hike on millionaires and billion airs. >> and when does senator rand paul think we'll get a deal? he'll join us coming up on the "closing bell." stay with us. more in a moment. >>> welcome back. we're now with banking analyst meredith whitney having a change of heart on some of the banks. yesterday she announced she's turning bullish on financials and upgraded bank of america, discover financial and citi to a buy. take a look at those stocks today, and they are moving on that call. meredith joins me now to talk about the industry and the entire group. thanks for joining us. >> so good to see you. >> w
. >> mark, quickly. >> we are underweight financials. we've moved to more of a neutral weight. citi is one of the names we're overweight. it's a shame for the folks who have lost their job, but it's a nice move today. >> 7.5%. bank of america, 6%. thanks, guys. >> thank you very much. see you later. as a matter of fact, the financials are leading us higher. we're near the highs of the session right now with about 50 minutes left. the dow up 124 points. >> pretty good move. if you can own only one stock in 2013, which one would make you the most money? top fund managers were asked that question. we have their answers. we have names coming up. stay with us. >> get pencil to paper. >>> also ahead, the art of negotiation. we're going to hear from somebody who says a deal on the fiscal cliff could have already been reached if only lawmakers took a page out of wall street's deal making strategy of keeping things behind closed doors. where have we heard that before? >>> plus, secretary tim geithner with us exclusively. will the white house let our economy go over the fiscal cliff if a deal on hig
that a lot. finally, it's even been a little slow they say at saks 5th avenue, on 5th avenue in new york city. our producer took these pictures. sw retail advisers says you could, quote, in saks hear a pin drop during a 60% sale going into saturday. but, bill and maria, i was in the very store in new york last week, my first time at saks during this time of the year. if that is slow for christmas, i don't want to know what busy is. i couldn't even get down the aisle. >> by the way, jane wells, you mentioned c's candy. unbelievably, they opened some kiosks in malls in the northeast here this year. >> you're kidding. finally. >> it's fantastic. >> what's next? in and out burger is coming next. that can be the only logical next step. >> we can only hope. please. bring more of california to the northeast. we love that. >> happy holidays, jane. >> thank you. >> you too guys. merry christmas. >>> 15 minutes before the closing bell on this christmas eve we have a market under pressure down about 51 points on the dow jones industrial average. >> up next we ask does santa hate google? >> oh, no. >> of
. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the aisle. and go. you can even take a full-size or above. and still pay the mid-size price. i could get used to this. [ male announcer ] yes, you could business pro. yes, you could. go national. go like a pro. >>> all right. the selloff is intensifying right now. if you're just joining us, keeping tax on this meeting at the white house were the president and the congressional leaders and the vice president and treasury secretary. we've gotten word from our eamon javers that the president has no new offer to put on the table. that the hope going in, that we'd get some new development, some starting point to try
the dpe back l in '08 and '09. still to come. [ male announcer ] citi turns 200 this year. in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. so why should our anniversary matter to you? because for 200 years, we've been helping ideas move from ambition to achievement. and the next great idea could be yours. ♪ military families face, we understand. at usaa, we know military life is different. we've been there. that's why every bit of financial advice we offer is geared specifically to current and former military members and their families. [ laughs ] dad! dad! [ applause ] ♪ [ male announcer ] life brings obstacles. usaa brings advice. call or visit us online. we're ready to help. >>> a slight bias to the upside as we head towards the close. about 18 minutes left in the trading day. the dow up 81 points. it was up 95. nasdaq and the s&p each up almost a full percent. what am i thinking right now? >> let's think about fundamentals, bill. the s&p 500 is undervalued b
more coming up next hour. >> we really want to get into the cuts coming to state, city, the local governments. that's going to take money out of education, all the things we care about. so, the fact these lawmakers are sitting down and, like, sort of keeping with these opening salvos, it's frustrating. the time is over, bill. you had 13 months. we have 28 days left. >> moving on. we'll do the same, as a matter of fact. we're coming back for the closing countdown. >>> after the bell, spending is not the only thing that will be significantly cut if we go off that cliff. robert frank is describing why the number of millionaires is also facing a cut. sfx- "sounds of african drum and flute" look who's back. again? it's embarrassing it's embarrassing! we can see you carl. we can totally see you. come on you're better than this...all that prowling around. yeah, you're the king of the jungle. have you thought about going vegan carl? hahaha!! you know folks who save hundreds of dollars by switching to geico sure are happy. how happy are they jimmy? happier than antelope with night-vision g
iconic assets in great cities, i think you'll do very well over time. traditionally, that's been proven in real estate. >> we all know it was a very hotly contested presidential election, and of course your dad, donald, has been on our program a lot. he was a big supporter of romney. there were stories going around that you said, dad, pull it back a bit. you don't have to be so negative on the president. is that what happened? >> it was fascinating because this was a widely circulated report that was without fact at all, and not one reporter actually called and asked the question you just did, which is, is that true? no, it wasn't. my father has been a very important part of the dialogue. he's been saying a lot of things that other people, you know, not wanting to be in a space where they're talking about politics, they don't see it as advantageous. they're not really speaking their minds. it would not be my place to tell him to tone anything down. >> are you worried about the fiscal cliff? how is business going? you're an entrepreneur in your own right. i want to talk to you about busi
] citi turns 200 this year. in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. so why should our anniversary matter to you? because for 200 years, we've been helping ideas move from ambition to achievement. and the next great idea could be yours. ♪ look this isn't my first christmas. these deals all seem great at the time... but later... [ shirt ] merry christmas, everybody! not so much. ho ho ho! this isn't that kind of deal. [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. and his new boss told him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find some good people to help guide him, and he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade. >>>
at the conference in the heart of new york city, but then on cnbc. the company coming out trying to defend itself, but you'll see shares of hlf, that being herbalife, still down 10% at this hour. let's bring in allen valdez from dme securities. let me just ask you first about this deal. i.c.e. and the nyse, you're a trader. you make your living down on the floor of this new york stock
Search Results 0 to 8 of about 9

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